BlackFriday 2024! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions

APA Exam CPP-Remote Topic 10 Question 57 Discussion

Actual exam question for APA's CPP-Remote exam
Question #: 57
Topic #: 10
[All CPP-Remote Questions]

ER-sponsored athletic facilities may be nontaxable fringe benefits if the:

Show Suggested Answer Hide Answer
Suggested Answer: C

Contribute your Thoughts:

Lawana
1 months ago
A is the way to go. The employer needs to require substantiation of the business purpose and usage of the facilities.
upvoted 0 times
Fabiola
10 days ago
B) ER incurs no substantial additional cost, except labor, to provide the facilities
upvoted 0 times
...
Kattie
17 days ago
That makes sense. It's important for the employer to have documentation of how the facilities are being used.
upvoted 0 times
...
Azzie
26 days ago
A) ER requires substantiation of the amount, time, and business purpose of the facilities' use
upvoted 0 times
...
...
Suzan
1 months ago
I'm not sure, but I think it could also be D, as long as the facilities qualify as a de minimis fringe.
upvoted 0 times
...
Karl
1 months ago
This question is a real workout for my brain! I'm going to have to do some extra stretching after this one.
upvoted 0 times
...
Jarvis
2 months ago
I agree with Kimberely, because it makes sense that there should be no substantial additional cost.
upvoted 0 times
...
Rory
2 months ago
I'm going with B. As long as the employer doesn't incur any substantial additional costs, the facilities should be considered nontaxable.
upvoted 0 times
Alida
26 days ago
True, as long as it meets the criteria for being a de minimis fringe benefit.
upvoted 0 times
...
Abel
29 days ago
I think that's important too, but ultimately if there are no substantial additional costs, it should be nontaxable.
upvoted 0 times
...
Lezlie
1 months ago
But what about the requirement for substantiation of the amount, time, and business purpose?
upvoted 0 times
...
Carma
1 months ago
I agree, as long as there are no substantial additional costs, it should be nontaxable.
upvoted 0 times
...
...
Kimberely
2 months ago
I think the answer is B.
upvoted 0 times
...
Antonio
2 months ago
C seems like the obvious choice to me. If the facilities are on the employer's premises, they should be considered a nontaxable fringe benefit.
upvoted 0 times
...
Lorean
2 months ago
I think the correct answer is D. The facilities must qualify as a de minimis fringe benefit, which means they are of such small value that accounting for them would be unreasonable or administratively impracticable.
upvoted 0 times
Chandra
2 months ago
B) ER incurs no substantial additional cost, except labor, to provide the facilities
upvoted 0 times
...
Marya
2 months ago
A) ER requires substantiation of the amount, time, and business purpose of the facilities' use
upvoted 0 times
...
...

Save Cancel